Dogecoin’s 14% drop could be its biggest bear trap yet – Here’s why

Dogecoin’s 14% drop could be its biggest bear trap yet – Here’s why

DOGE’s sharp correction has reignited its appeal as a high-volatility, short-term play. The memecoin may be quietly setting the stage for a bear trap. Dogecoin [DOGE] is barking back into the spotlight.  After soaring to a three-month high of $0.259 on the 11th of May, it’s pulled back nearly 14% in under a week, drawing attention from opportunistic traders.  Over $14.17 million in long liquidations suggests bears are currently in control, aggre…